Siemens Gamesa replaces CEO after three profit warnings By Reuters

© Reuters. FILE PHOTO: A wind turbine model with the Siemens Gamesa logo in Zamudio, Spain June 20, 2017. REUTERS/Vincent West/File Photo

MADRID (Reuters) – Struggling wind turbine maker Siemens Gamesa said on Wednesday that Siemens Group veteran Jochen Eickholt would succeed Andreas Nauen as chief executive, nearly two weeks after he issued his third profit warning. in nine months.

“Siemens Gamesa is experiencing significant challenges in its onshore business in a very difficult market,” Siemens Gamesa Chairman Miguel Angel Lopez said in a statement.

“We have appointed a leader with a strong track record in handling complex operational situations and successfully turning around underperforming businesses,” Lopez added.

Warning: Merged media would like to remind you that the data contained in this site is not necessarily in real time or exact. All prices for CFDs (stocks, indices, futures) and Forex are not provided by exchanges but rather by market makers, and therefore prices may not be accurate and may differ from the actual market price, which which means that the prices are indicative and not suitable for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur due to the use of this data.

Merged media or anyone involved with Fusion Media will accept no liability for any loss or damage resulting from reliance on the information, including data, quotes, charts and buy/sell signals contained in this website . Please be fully informed of the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investment possible.

Comments are closed.